Shares transactions gift deed required
This query is : Resolved
27 September 2021
sir,
It assess shares in the name of husband sold by wife. ltcg shares income clubbing of income husband's show in it returns.
Question:
Share transcations gift deed required in favour of wife to avoide provisons of benami act.
It assess shares in the name of husband sold by wife. ltcg shares income clubbing of income husband's show in it returns.
Question:
Share transcations gift deed required in favour of wife to avoide provisons of benami act.
27 September 2021
No. when the shares transactions are assessed under the owner of the shares, i.e. husband in this case.
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